Neerim Rd Castle Cove No2 NSW Trust

Executive Summary

  • Loan Amount: $2,990,000
  • Loan Type: Bridging Loan
  • LVR: 49%
  • Date of Settlement: 17/08/2021
  • Expiry/Repayment Date: 17/02/2022
  • Loan/Investment Term: 6 months
  • Investor Return: 6.50%
  • The Loan is secured by a first registered mortgage over an established modern style two story dwelling on a total land area of 740 sqm in the suburb of Castle Cove NSW 2069.
  • Borrowers have made all payments on time and have continued to satisfactorily manage their various development and investment properties throughout the previous 12 months.

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